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Category: Residential Mortgages

The guidance suggests that property market stakeholders can continue to process transactions and move people within areas subject to local lockdowns.

Stinton (pictured) will support Kevin Purvey whose role has been expanded to director of mortgage distribution.

June search volumes

Mortgage searches hit 1.2 million in June, compared to 683,078 in May.

Darlington Building Society

Apart from a two-day closure of Northallerton branch, when a staff member tested positive for the virus, all branches have opened every day during lockdown apart from Saturdays.

The pilot programme is aimed at allowing homeowners to invest in green home improvements using their existing mortgage, at the point of sale.

Hope Capital saw a year-on-year increase of 189% in enquiries.

Kevin Tunnicliffe SortRefer

The business has reported an 8.12% increase on its previous monthly high for total instructions, which was set in February 2020.

Mark Lofthouse, CEO Mortgage Brain -

Although at the highest level since the lockdown began, product numbers are still 37.5% lower than pre-pandemic levels.

The initiative was prompted following feedback from brokers that viable borrowers were being denied mortgages due to being self-employed during the current crisis.

Toni Smith PRIMIS

So far during the UK-wide lockdown, PRIMIS has appointed 134 advisers and 28 AR firms.